上海钢联(300226) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥17,859,438,421.14, an increase of 5.74% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥43,514,709.89, a decrease of 18.36% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥34,899,136.29, down 31.44% compared to the same period last year[4] - For the first nine months of 2021, the company achieved operating revenue of CNY 4,625.65 million, a year-on-year increase of 13.10%[19] - The net profit attributable to shareholders for the same period was CNY 157.62 million, up 5.20% year-on-year, and a 29.88% increase when excluding the impact of stock incentive plan amortization expenses of CNY 36.98 million[19] - The net profit for the current period is CNY 281,730,270.31, an increase from CNY 251,293,010.21 in the previous period, representing a growth of approximately 12.1%[34] - The total profit for the current period is CNY 361,201,980.28, compared to CNY 324,423,607.70 in the previous period, indicating an increase of about 11.3%[34] - The operating profit for the current period is CNY 363,262,121.46, up from CNY 324,434,138.49, reflecting a growth of approximately 12%[34] - The basic earnings per share for the current period is CNY 0.8255, compared to CNY 0.7847 in the previous period, showing an increase of about 5.2%[36] - The total comprehensive income attributable to the parent company's owners is CNY 157,618,779.25, compared to CNY 149,760,236.78 in the previous period, reflecting an increase of approximately 5.7%[36] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥17,894,093,669.89, representing a 37.22% increase from the end of the previous year[4] - Current assets totaled ¥17,392,925,646.11, a significant increase of 38.0% from ¥12,595,776,377.99 at the end of the previous year[27] - Total liabilities reached ¥14,262,461,053.09, an increase of 47.0% from ¥9,659,589,648.01[30] - Total liabilities increased to $9,668,176,773.78 from $9,659,589,648.01, indicating a rise of approximately 0.1%[52] - Owner's equity totaled ¥3,631,632,616.80, up from ¥3,381,232,845.36, representing a growth of 7.4%[30] - The company's total equity remained stable at $3,381,232,845.36, unchanged from the previous period[52] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥208,939,883.65, showing a significant increase of 223.51%[4] - The cash flow from operating activities for the current period is CNY 208,939,883.65, a significant improvement from a negative cash flow of CNY -169,169,427.34 in the previous period[41] - The cash inflow from other operating activities is CNY 1,033,578,551.27, an increase from CNY 797,423,012.10 in the previous period[41] - The net cash flow from financing activities was -$21,590,856.28, a decrease compared to $343,090,712.02 in the previous period, indicating a significant decline in financing activities[45] - The total cash and cash equivalents at the end of the period amounted to $323,442,165.38, down from $377,628,149.17 in the previous period, reflecting a decrease of approximately 14.4%[45] - The cash inflow from financing activities totaled $2,403,491,818.00, an increase from $2,173,061,174.90 in the previous period, representing a growth of about 10.6%[45] - The cash outflow from financing activities was $2,425,082,674.28, significantly higher than $1,829,970,462.88 in the previous period, indicating an increase of approximately 32.4%[45] - The company reported a cash increase of $147,008,515.86, compared to $167,425,338.33 in the previous period, reflecting a decrease of about 12.9%[45] Inventory and Contract Liabilities - The company's inventory increased by 73.19% to ¥2,160,133,798.34 due to higher settlement amounts on the platform[7] - The contract liabilities rose by 110.58% to ¥6,254,836,896.47, reflecting increased customer receipts[7] - Inventory increased to ¥2,160,133,798.34, compared to ¥1,247,267,428.65, marking a growth of 73.0%[27] - Contract liabilities surged to ¥6,254,836,896.47, compared to ¥2,970,238,369.28, reflecting a growth of 110.0%[29] Employee and Shareholder Information - The total number of employees at the end of the reporting period was 4,067, with the information sector accounting for 2,890 employees, an increase of 872 from the end of 2020[19] - The company’s major shareholders include Shanghai Industrial Investment Development Co., Ltd. with 48,125,692 shares, accounting for a significant portion of the total shares[19] - The company has a total of 7,078,195 restricted shares held by executives, all of which remain locked as of the reporting period[18] - The company’s stock incentive plan is expected to have a dilutive effect on earnings, which shareholders should be aware of[19] Government Subsidies and Expenses - The company received government subsidies amounting to ¥26,651,775.30 in Q3 2021, contributing to its financial performance[6] - The research and development expenses for the current period are CNY 80,654,899.17, slightly up from CNY 79,188,906.74 in the previous period[34] - The financial expenses, including interest expenses, are CNY 58,020,892.97, compared to CNY 58,932,062.84 in the previous period, indicating a decrease of about 1.5%[34] Other Financial Information - The company reported a significant increase in net profit when excluding the stock incentive plan's amortization impact, indicating strong operational performance[19] - The company implemented a new leasing standard starting from 2021, which may have impacted the financial statements and asset valuations[46] - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[55] - The company plans to amortize a total of CNY 11,844.80 million in stock incentive expenses over the years 2021 to 2024, with CNY 5,282.89 million allocated for 2021[20] - The company utilized the Black-Scholes model to calculate the fair value of the stock options granted under the incentive plan[19]